CXE vs RWAYI: Which Is the Better Dividend Stock?
As of Aug 8, 2026, CXE and RWAYI are closely matched. CXE offers the higher yield at 6.73%, CXE has the higher dividend-safety score, and RWAYI looks like the better value (its fair-value estimate is 8% above its share price).
Key facts: CXE vs RWAYI
Data as of · Source: SmarterDividends data
- As of Aug 8, 2026, MFS High Income Municipal Trust (CXE) has the higher forward dividend yield at 6.73%, versus 4.15% for Runway Growth Finance Corp. (RWAYI).
- By SmarterDividends' count as of Aug 8, 2026, CXE has raised its dividend for 2 consecutive years and RWAYI for 0.
- As of Aug 8, 2026, CXE's fair-value estimate is 16% below its share price and RWAYI's fair-value estimate is 8% above its share price, so RWAYI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CXE vs RWAYI: Dividend Yield, Safety & Value Compared," updated Aug 8, 2026, https://smarterdividends.com/compare/cxe-vs-rwayi
| Metric | CXE | RWAYI |
|---|---|---|
| Forward yield | 6.73% | 4.15% |
| Annual dividend | $0.21 | $1.32 |
| Payout ratio | — | — |
| Years of growth | 2 yr | 0 yr |
| 5-yr dividend growth | -3.2% | — |
| 5-yr total return | — | — |
| Dividend safety score | 63 (C) | — |
| Fair value estimate | $3.07 | $26.84 |
| Upside to fair value | -16% | +8% |
| Frequency | monthly | quarterly |
| Market cap | $115.1M | — |
| P/E ratio | 365.0 | — |
Higher yield
CXE
6.73%
Safer dividend
CXE
Grade C
Faster growth
CXE
-3.2%
Better value
RWAYI
+8% upside
CXE vs RWAYI — FAQ
Is CXE or RWAYI a better dividend stock?
CXE and RWAYI are closely matched. CXE has the higher yield; CXE scores better on safety.
Which has a higher dividend yield, CXE or RWAYI?
CXE has the higher forward dividend yield at 6.73%, versus 4.15% for RWAYI.
Is CXE or RWAYI safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is CXE or RWAYI better value right now?
As of Aug 8, 2026, RWAYI looks like the better value: its fair-value estimate is 8% above its share price (fairly valued). For CXE, its fair-value estimate is 16% below its share price.
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.

